The process of switching off the 3G network has already started with Kolkata in the recent-concluded June quarter. By September, the shutdown will be affected in 6-7 more circles and between December and March the entire 3G network would be shut down.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Govt wants domestic production so as to save foreign currency.
Banks stocks continued to trade weak along with FMCG major ITC.
Several factors have held India back. One is DoT policy somersaults and lack of clarity on whether to or not to ban Chinese gear makers.
Within IIP, the capital goods sub-index has contracted for seven continuous months, suggesting investment demand continues to be weak.
Mumbai Monorail was to be built in two phases - Phase I of 8.93 km and Phase II of 11.20 km. The first phase ran operations for around three years before services were abruptly halted, owing to a fire incident last year. The second phase now stands completed, but is lying closed.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
Analysts say consumers would be the real winners.
Ten Indian states contribute a lion's share of 95% or Rs 12.25 lakh crore.
In the first two months of the current fiscal, Indian exports of finished steel reportedly grew by almost 76 per cent on a YoY basis and China alone accounted for close to 60 per cent of the increase.
Lt Governor says discoms must cooperate or face cancellation of licences. Ficci cries interference.
The same set of companies had reported 3.8 per cent annual net profit growth in the previous quarter and 7.5 per cent annual growth in the same quarter last financial year.
A crown of thorns awaits the next telecom minister at Sanchar Bhawan as the new incumbent will have to address a host of tricky issues like industry infighting, tariffs and improving financial health of the Rs 2.3 lakh crore industry.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
After spending 40 years in the Indian Army, Lieutenant General Subrata Saha marches into the electoral battlefield as the BJP candidate from Rashbehari.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
VCs have been especially bullish about India.
The net sales growth declines 4.4% in September quarter, the second worst in eight years.
Because of high rents in Mumbai and the response from Delhi, most luxury retail players want to expand in the capital.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.
In an apparent bid to offset BJP candidate Pragya Thakur's controversial statement against slain IPS officer Hemant Karkare, Modi heaped praises on Mumbai police.
Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day. What it needs is more onsite supervision. Merely checking high-frequency data with the help of technology is insufficient, notes Tamal Bandyopadhyay.
The 30-share Sensex ended up 140 points at 28,262 and the 50-share Nifty was up 37 points at 8,551.
The S&P BSE Sensex dropped 207 points to end at 25,230.
American Tower bulks up in India with $1.2 billion Viom stake buy
In a bid to woo foreign investors, the Indian Railways is planning to organise road shows in select countries showcasing opportunities for investment in the rail sector.
'What do the moves towards protectionism suggest?' 'That we do not have Aatmavishwas.' 'If you have self-confidence, confidence in your ability to compete with the best in the world, why do you need protectionism?'
Sensex rises, Nifty holds 8,900; FMCG, Pharma shares lead.
Cement shares have been outperformers on the stock market
Markets recovered in late trades, amid firm European cues, led by rebound in financials and gains in IT shares.
'Unless cash has ceased to be king, the issue is the same in the aviation, telecom and ecommerce sectors: Sustainability,' notes T N Ninan.
Licence winners are expected to be announced by the first quarter of 2014.
As per data, call drop situation in Delhi has improved.
Bharti Airtel called the prices exorbitant while Vodafone Idea wants the auctions take place in 2020. The auctions need to happen when the infrastructure is ready for the roll out, be it in terms of fiberisation levels, or optimisation of equipment and software etc. Spending a hefty amount on a technology (airwaves) that at present offers limited returns is not going to be a priority for the incumbent telcos.
A sluggish economy and stalled bureaucratic decision-making for the past two years thwarted capital investment and dented earnings, making it tough for the companies to raise funds.
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Benchmark share indices ended lower on profit taking after they touched record highs in the previous session.
Mid- and small-cap companies seem to have done better than top-tier companies
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